Hello, Guest!
  • Monday, April 29, 2024
Photo Credit: Craig Larsen

USAF Issues $2.3B Modification to Boeing’s KC-46A Pegasus Tanker Contract

Boeing (NYSE: BA) has received the U.S. Air Force’s tenth aircraft production lot contract to supply 15 additional KC-46A Pegasus tankers.

The company announced Tuesday that it was granted a $2.3 billion contract modification, which will be fulfilled by its defense, space and security business.

The project was last modified in January, with a target completion date on Aug. 31, 2026. In the Lot 10 contract, Boeing is expected to produce the multi-mission aerial refuelers by July 31, 2027, according to the Department of Defense.

The service branch is using fiscal 2024 aircraft procurement funds to obligate the full $2.3 billion at the time of the award. The contracting activity is the Air Force Life Cycle Management Center at Wright-Patterson Air Force Base in Ohio.

Out of 153 KC-46As currently on contract around the world, Boeing has so far delivered 76 units to the Air Force.

Video of the Day

Related Articles

GovCon Index Averted a Weekly Loss Amid Wall Street’s Worst Week Financial Reports

GovCon Index Averted a Weekly Loss Amid Wall Street’s Worst Week

Executive Mosaic’s GovCon Index advanced 1.08% before the weekend and averted a third consecutive losing week. The index, which tracks the stock performances of 30 major government contractors, ended at $4,786.97 for a 0.13% week-on-week gain. Wall Street concluded the week with a tech sell-off, and only the Dow Jones Industrial Average (+0.01%) yielded a gain.

GovCon Index Posted 2 Consecutive Week-on-Week Loss for the 1st Time in 2024 Financial Reports

GovCon Index Posted 2 Consecutive Week-on-Week Loss for the 1st Time in 2024

Executive Mosaic’s GovCon Index ended the week with a 2.36% loss following the 0.8% drop Friday to $4,780.55. The index, which tracks the stock performances of 30 major government contractors, has fallen 3.04% since the start of April. Wall Street saw a broad market selloff due to the escalating conflict between Iran and Israel. All the major

Boeing Secures $112M Navy Order for F/A-18E/F Block III, E/A-18G Aircraft Equipment Contract Awards

Boeing Secures $112M Navy Order for F/A-18E/F Block III, E/A-18G Aircraft Equipment

Boeing (NYSE: BA) has booked a $111.9 million undefinitized firm-fixed-price order from the U.S. Navy to manufacture and deliver avionics long lead time parts and spares in support of the F/A-18E/F Block III and E/A-18G aircraft. The Department of Defense said Thursday the award, which was made against a previously issued basic ordering agreement, supports